News
- Home
- Investment Company News
- GWI : Globalworth Real Estate acquisition of Timisoara Airport Park
Globalworth Real Estate acquisition of Timisoara Airport Park
Globalworth Real Estate is buying a light industrial complex north east of Timisoara (close to Traian Vuia International Airport in western Romania). Valeo (car parts) and Continental (tyres) occupy c73,000 sqm of space and have options to extend that to c113,000 sqm.
Globalworth is paying €18m up front and believes it will spend a further €17m on the development of the project.
Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.
Due to data protection policies, USA residents can not access our data.
Your content has been curated